Intermap Reports Second Quarter 2026 Results
Announced definitive agreement to acquire PCI Geomatics, creating a vertically integrated geospatial intelligence platform, scheduled to close in Q3 2026
Value-added Data revenue more than doubled while Software and Solutions prepaid revenue grew 35%
Conference call today at 5:00 pm ET to discuss results and provide a business update
DENVER, Aug. 13, 2026 (GLOBE NEWSWIRE) — Intermap Technologies, (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”) a global leader in geospatial intelligence powered by proprietary 3D data and AI-driven analytics, today reported second quarter 2026 financial results and continued execution of its long-term growth strategy, including the acquisition of PCI Geomatics.
Following the quarter, Intermap announced a definitive agreement to acquire PCI Geomatics, a global leader in satellite and aerial image processing technology. The acquisition expands Intermap’s geospatial intelligence platform, with industry-leading image processing, cloud-native micro services, APIs and edge-processing capabilities that support more than 500 satellites and thousands of production workflows. The transaction is expected to close by the end of September 2026, subject to PCI shareholder approval and customary closing conditions.
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“During the second quarter, Intermap took an important strategic step with the announcement of our acquisition of PCI Geomatics,” said Patrick A. Blott, Chairman and Chief Executive Officer of Intermap Technologies. “The transaction combines commercial leaders in elevation and image processing, leveraging our data and AI platform in the commercial space segment, while expanding product breadth with distributed edge-enabled micro services.”
“We continued investing in our people, technology and infrastructure to support government and commercial growth,” Mr. Blott continued. “Acquisition Services revenue reflected timing of follow-on contract awards in Indonesia, which remain delayed, impacting year on year comparisons. However, Intermap confirmed to the Indonesian government its ongoing commitment to a successful program and international tendering process, which enjoys active support and engagement from the World Bank.”
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